Governor Charlie Baker said the new route opens up connections to 16 major cities in Latin America including Buenos Aires, Lima and Bogota, adding “it not only opens doors for business, but it lets our diverse residents and visiting students easily connect to their families.’’

With daily service every day (except Tuesday), Aeromexico flight 699 leaves Boston at 4:20 p.m. and arrives in Mexico City at 8:42 p.m. Flight 698 leaves Mexico City at 9 a.m. and arrives in Boston at 3:05 p.m. The Boeing 737-700 airplanes have 124 seats, including 12 seats in the Aeromexico Clase Premier Business Class cabin.

Anko van der Werff, Aeromexico Chief Revenue Officer, called Boston “a city of great importance for Mexico and Latin America because of its global economic potential and extensive academic offerings that draw many students from Mexico and Latin America every year.”

Officials said the market between Boston and Mexico City, combined with the airlines’ other 45 destinations in Mexico and Central America, represents over 492,000 passengers and $134M in ticket revenue annually. As a member of the SkyTeam Airline Alliance, Aeromexico partners with Delta and other partner airlines to use Boston Logan International Airport as a gateway to Europe.

Massport CEO Thomas P. Glynn said the two cities have much in common. “Like Boston, Mexico City is a place that honors its significant history, it is a cultural and political hub for its people, has a large concentration of universities, and it is a city that celebrates its diversity.”

Last year, more than 40,000 Mexicans traveled from Mexico to Massachusetts, according to the U.S. Dept. of Commerce, Office of Travel and Tourism Industries.

Patrick Moscaritolo, President and CEO of the Greater Boston Convention & Visitors Bureau, said the new service “will mean more visitors and significantly more spending from Mexico and Latin America for our city and for our hotels, restaurant, attractions and retailers.” The local visitor industry could see as much as $54 million in new spending thanks to Aeromexico’s new service.

Paula Murphy, Director of the Massachusetts Export Center, says Mexico is currently the Commonwealth’s third largest export partner. In 2014, Massachusetts exported $2.3 billion worth of goods and services to Mexico, while importing $3.6 billion from Mexico.